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20121211
20121211
Search Results 0 to 6 of about 7 (some duplicates have been removed)
to push through this right to work. >> this is interesting actually. michigan is a heavily unionized state so why would it be going right to work. there's enormous downward pressure on wages on american companies around the world that can make things cheaper elsewhere than here and our wages are uncompetitive in a lot of ways. in effect what people in michigan have to decide, do you want fewer jobs at higher wages or lower jomore jobs at lower w they have decided they want more jobs. >> you look at michigan and detroit, that's a pretty easy answer. >> the unemployment rate. >> the unemployment rate is horrible. detroit in 1960, i think, was one of the wealth nest city if not the wealthiest city in america and now one of the poorest. >> the fourth largest. >> this is a done deal, going through the house today, to a republican governor and says he will sign it. >> it's symbolic of two things, one, the politics of it all, what we've seen in wisconsin and elsewhere and the unpopularity of unions these days and secondly an economic phenomenon, basically a statement we want jobs and we're willin
in our video library. next, president obama talked to union workers in michigan about the economy in the fiscal cliff. after that, a panel on innovation and the economy. later a conversation about have the fiscal deadline could affect the defense budget. >> on tomorrow morning's "washington journal," we continue our look at the so- called fiscal clef and what happens if the budget cuts take place in january. jim doyle the effect on businesses. after that, charles clark looks at domestic program cuts. in more about the issue with the brookings institution. bless your e-mail, phone calls, and tweets. that is live tuesday at 7:00 a.m. eastern on c-span. >> next, president obama talking about the economy and the need to reach an agreement with congress on the january fiscal deadline. he spoke at a diesel plant outside of detroit. his remarks are about 25 minutes. >> hello, redford! [applause] it is good to be back in michigan. [applause] how is everybody doing today? [applause] now, let me just start off by saying we have something in common -- both our teams lost yesterday. [laughter
, smaller business owners. the 10 to go after people from flint, michigan, not so, in tennessee. by a large we're talking to smaller investors, entrepreneurs, business owners. host: what are the members concerns with the fiscal cliff stocks? -- talks? guest: for most small-business owners and senior executives at big companies, the fear is that going over the cliff, even on a technical term, will increase their borrowing costs and will put our economic recovery at risk. most business leaders point to simpson-bowles. they understand that we have to raise revenue and we also have to control spending. they generally like the outlines of the simpson-bowles deal, the principles behind it. spread the cost, protect the most vulnerable, don't disrupt the economic recovery, try to simplify the tax code. they generally support those principles. host: do they believe a recession could happen if we fall off the so called "fiscal cliff?" guest: they do. what we saw last year is business leaders were concerned that washington was not going to come together with a deal. and that it could end badly, but it
in michigan said he's willing to give a little but he's not willing to compromise when it comes to taxes on the wealthiest americans. as for house speaker boehner who he met with yesterday at the white house, he said the gop offer remains the same, no rate hikes. however, there were more signs over the weekend that republican unity may be cracking a little bit with lawmakers who want to take the tax issue off the table asap. >> there are a growing group of folks looking at this and realizes we don't have a lot of cards as it relates to the tax issue before year end. we have one house, that's it. the presidency and the senate is in the democrats' hands. a lot of people are putting forth a theory. i actually think it has merit. i'm beginning to think that's the best route for us to take. >> what we ought to be working on is the other 93% because even if you do what he wants to do on tax breaks, you only affect 7% of the deficit. what we have done is spend ourselves into a hole. we're not going to raise taxes and borrow money and get out of it. so will i accept the tax increase as a part of
Search Results 0 to 6 of about 7 (some duplicates have been removed)